The Kipato Account is a savings account designed to provide clients with a monthly income from their savings. The minimum opening deposit is TZS 100,000, with subsequent deposits of TZS 50,000 or more.

Rates and fees

     • Earn *5.00% p.a. for accounts with balances TZS 100,000 or more.

     • Balances that fall below TZS 100,000 will be charged a monthly fee of TZS 2,000.

Features

    • Interest is calculated daily and paid monthly to your nominated FBME Savings or

       Current account or to your Fedha card.

    • Withdrawal of all or part of the balance is permitted without penalty by giving 90 days notice.

    • Withdrawal of up to 10% of the balance is permitted without penalty once

       in each calendar quarter.

     • Statements are issued on a quarterly basis.

*Subject to the Bank’s right to change this at any time.

For more information, please visit the branch nearest to you, or click here to find out our locations.